The Indian Stock Market ended at fresh record closing high. With the Nifty managed 10,050 mark for the day of first week on Monday ahead of the RBI’s third bi-monthly policy on 2 August where the Reserve Bank of India is expected to cut interest rates and the rally in SBI shares further pushed the indices higher. benchmark indices BSE Sensex closed at 32514.94, higher by 205.06 points or 00.63%. NSE Nifty-50 index closed at 9,427.90, higher by 62.60point or 0.63%. BSE Midcap Index closed up 0.39% at 15389.57 whereas, closed up by 0.14% at 16093.56.
There were 786 advancing stocks, against 892 declinesand 291 unchanged stocks on NSE reflecting a negative undertone floating in the market
SBI was the Top Nifty gainer, while Sun Pharma was the major Nifty loser. Among other gainers, Power Grid Corp, ONGC, Larsen, and Bank of Baroda.ahead of the RBI’s third bi-monthly policy on 2 August where the Reserve Bank of India is expected to cut interest rates and the rally in SBI shares further pushed the indices higher. While other losers, Dr Reddys Labs, Idea Cellular, Lupin, and ITC.
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ReplyDeletethe Nifty closing above 10,200. The Sensex ended over 180 points higher
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